Jet Airways Problems
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Jet Airways Problems
Things sound dire at Jet Airways.
National pilots theatening lawsuit for Breach of Contract.
Expat pilots threatening action for the same reason.
Massive outstanding unpaid bills.
What is going on?
National pilots theatening lawsuit for Breach of Contract.
Expat pilots threatening action for the same reason.
Massive outstanding unpaid bills.
What is going on?
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MUMBAI, Dec 8 (Reuters) - India's largest private carrier, Jet Airways Ltd (JET.BO: Quote, Profile, Research, Stock Buzz), said on Monday it would lease out five aircrafts to other airlines on a wet-lease basis.
India's largest private carrier, Jet Airways Ltd said on Monday it would lease out five aircrafts to other airlines on a wet-lease basis.
It would lease out two aircrafts to Gulf Air Company for four months and three aircrafts to Turkish Airlines for six months, the company said in a statement.
Under wet lease agreement, the operational control and maintenance responsibility of the aircrafts would remain with Jet, it said. (Reporting by Janaki Krishnan)
© Thomson Reuters 2008 All rights reserved
India's largest private carrier, Jet Airways Ltd said on Monday it would lease out five aircrafts to other airlines on a wet-lease basis.
It would lease out two aircrafts to Gulf Air Company for four months and three aircrafts to Turkish Airlines for six months, the company said in a statement.
Under wet lease agreement, the operational control and maintenance responsibility of the aircrafts would remain with Jet, it said. (Reporting by Janaki Krishnan)
© Thomson Reuters 2008 All rights reserved
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Careful what you read in the press. I would say they only got 50% of the story. But I could be wrong. I'm an Expat, have National pilots as friends. Both sides, company and pilots, remain in negotiations. I suppose it will take a few more rounds before they come to an agreement.
No doubt Expats are the target though.
No doubt Expats are the target though.
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It is bad. Contract with the expats has been broken by the company without notice, in many areas, including announcing pay cut, suspending contractual home to duty ticketing, changing rostering practices, reduction of leave( by 2 weeks), and stopping meal allowances when away from home in base hotels. Oh and expecting crews to facilitate a 6 month wet lease to help out the company, and then no further services required.
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Jet Contract Abrogations
Yes, it's true. New changes for the Jet expats:
Leave reduced to 15 days vs 30 days
No meal allowance at base station
5% Salary reduction
No interline ticketing to reach base ($500 per month instead)
Probable changes:
$2000 per month and "find your own hotel" (great for crew security!)
Eliminate Jet paying taxes
And all of this just so we can start up a nice lucrative lease for them only to be sacked after the dollars start rolling in and continue long after we have been shown the door.
Leave reduced to 15 days vs 30 days
No meal allowance at base station
5% Salary reduction
No interline ticketing to reach base ($500 per month instead)
Probable changes:
$2000 per month and "find your own hotel" (great for crew security!)
Eliminate Jet paying taxes
And all of this just so we can start up a nice lucrative lease for them only to be sacked after the dollars start rolling in and continue long after we have been shown the door.
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I understand that as soon as the contracted terms are re-instated, normal service will be resumed. Failing that, a mass resignation is a distinct possibility.
We live in interesting times!
We live in interesting times!
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mass resignation is a distinct possibility
I don't work for Jet, and don't know any of their pilots, but ... baloney.
This is peanuts compared to what is going on back home (USA), and there have been NO mass resignations there. People will put up with an amazing amount of grief, especially when there aren't many other jobs. I suspect Jet management knows this.
In any case it's better to hang on and try to improve conditions. If I really felt aggrieved I wouldn't volunteer for anything, would drag my feet, and would keep my phone switched off as much as I could. Spend the extra time you generate looking for another job, but never resign in a huff.
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It would be insulting to even compare the two airlines in the same sentence!
One's a disorganised collection of politicised morons led by an insecure paranoid blackmarketeer.And the other's an epitomy of an airline in every sense of the word....
....the highest standards set for airlines have been done here ( SQ ). Need I say more....
One's a disorganised collection of politicised morons led by an insecure paranoid blackmarketeer.And the other's an epitomy of an airline in every sense of the word....
....the highest standards set for airlines have been done here ( SQ ). Need I say more....
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Will they resign?
"One's a disorganised collection of politicised morons led by an insecure paranoid blackmarketeer."
Very well stated!!!
The Jet Airways 777 operation is staffed largely by pilots whom have already served full careers at major US airlines and have their pensions. To most the opportunity to continue flying past age 60 was something they had not expected as the US had not yet changed the retirement age to 65. They were lured to Jet by a very nice 36 month contract and, once in place, have had the contract eviscerated bit by bit over the past 20 months. After just a few months in place Jet attempted to eliminate paying the taxes without saying anything to anyone. A mass resignation was threatened and the taxes were again paid, including back taxes.
There is currently a move to collect names of those willing to resign. So far the number of names represents approximately 20% of the expats on the 777 and the numbers are growing as others see this groundswell gaining momentum.
While this group has enjoyed trying to help Jet achieve world class status the frustrations with Jet have pretty much overridden the joy of continuing to fly past the time when they thought they would be enjoying their golden years. As one stated "my fun meter is pegged after dealing with the deceit."
When you consider that Jet intends to simply use these seasoned aviators to:
begin 2 wet lease programs and fly them until the nationals are trained to replace them;then be sacked while the profits keep coming in to the coffers of Jet;and to do all of this after undergoing significant cuts to their contract;I feel the chance of a rather large exodus is substantial.
Jet can ill afford to fail in honoring the signed wet lease(s) by having expats resign, but the expats easily can afford to go home.....and stay home.
We shall see.
Very well stated!!!
The Jet Airways 777 operation is staffed largely by pilots whom have already served full careers at major US airlines and have their pensions. To most the opportunity to continue flying past age 60 was something they had not expected as the US had not yet changed the retirement age to 65. They were lured to Jet by a very nice 36 month contract and, once in place, have had the contract eviscerated bit by bit over the past 20 months. After just a few months in place Jet attempted to eliminate paying the taxes without saying anything to anyone. A mass resignation was threatened and the taxes were again paid, including back taxes.
There is currently a move to collect names of those willing to resign. So far the number of names represents approximately 20% of the expats on the 777 and the numbers are growing as others see this groundswell gaining momentum.
While this group has enjoyed trying to help Jet achieve world class status the frustrations with Jet have pretty much overridden the joy of continuing to fly past the time when they thought they would be enjoying their golden years. As one stated "my fun meter is pegged after dealing with the deceit."
When you consider that Jet intends to simply use these seasoned aviators to:
begin 2 wet lease programs and fly them until the nationals are trained to replace them;then be sacked while the profits keep coming in to the coffers of Jet;and to do all of this after undergoing significant cuts to their contract;I feel the chance of a rather large exodus is substantial.
Jet can ill afford to fail in honoring the signed wet lease(s) by having expats resign, but the expats easily can afford to go home.....and stay home.
We shall see.
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Well said both of you.Jet Airways has lost the plot over the years.Too many changes at the senior management level at regular intervals over the years , marked drop in standards of flight crew and also of cabin crew.And to add to it all , till date no one has been able to ascertain the source of Mr.Goyal's funds.To sum it all up , it's just become the private sector equivalent of Air India.And yes it can never be compared with SQ or many other world carriers for that matter..
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Easy, guys!...
We've some highly biased comments here...
Nor SIA is the 7th wonder of the world, nor JA is all that crap somebody is posting: I have friends happy there (or at least were happy before the huge global turndown and consequential contract degradation). At least 6 captains RESIGNED from SIA, others from EK to join JA, even being offered contract renewal (it was one year ago).
I had a very unpleasant personal experience with SIA: back on 2000 when I was flying B767 there was a program to upgrade to 777, as SIA was taking delivery of them by the dozen. I applied and was offered an interview date. I responded that, due to duty requirements, I could not atend that date and kindly requested a possible alternate date. Somebody named Jokilah Anthony ( I don't know who she/he thinks he/she is...) responded something like this: "We have no alternate dates and from now on consider this invitation cancelled"....What a ridiculously arrogant person!! I just took off from my of options working for that kind of people.
I have no ideia how are things today, but from the posts I've seen above there are very arrogant guys working there! How you dare to comment about the technical standards from a company you don't work for??? What you know about that?
Nor SIA is the 7th wonder of the world, nor JA is all that crap somebody is posting: I have friends happy there (or at least were happy before the huge global turndown and consequential contract degradation). At least 6 captains RESIGNED from SIA, others from EK to join JA, even being offered contract renewal (it was one year ago).
I had a very unpleasant personal experience with SIA: back on 2000 when I was flying B767 there was a program to upgrade to 777, as SIA was taking delivery of them by the dozen. I applied and was offered an interview date. I responded that, due to duty requirements, I could not atend that date and kindly requested a possible alternate date. Somebody named Jokilah Anthony ( I don't know who she/he thinks he/she is...) responded something like this: "We have no alternate dates and from now on consider this invitation cancelled"....What a ridiculously arrogant person!! I just took off from my of options working for that kind of people.
I have no ideia how are things today, but from the posts I've seen above there are very arrogant guys working there! How you dare to comment about the technical standards from a company you don't work for??? What you know about that?
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Wet Leases
From what one hears, 4 B-77Ws are lined up for wet-lease to Turkish for a 6 month period, which may continue into a dry-lease mode for a longer duration. 2 A-330s are going on initial wet-lease to Gulf Air. Crew for both will go on a rotation basis.
One way to lessen the financial mess and keep going till the aviation tide turns.
Aeronotix
One way to lessen the financial mess and keep going till the aviation tide turns.
Aeronotix